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To: Mike M who wrote (13340)9/13/2001 10:14:55 AM
From: AllansAlias  Respond to of 209892
 
My overriding consideration is that the further the attempt to boost the market goes, the worst the results will be in the next timeframe out.

One should also consider that the risk for a downside move is even more extreme that we thought it was last week. If we get another attack (I pray not!), and it might not even be in the US, or another terrible event such as an earthquake, the markets will slide hard.

This goes back to what we have been saying about bear markets: In bear markets, bad things happen. In other words, a bear market environment is often accompanied by awful events in the "real world".